Category Archives: Wisdom on Trading

Anything Is Possible – APKT

Just as I was utterly astonished by SFLY’s price action yesterday, I jokingly tweeted that may be the after hours earnings selloff in APKT could pull the same miracle.  Behold! APKT was down 15% after hours last night.  After a … Continue reading

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Again, Head & Shoulder Pattern Should Be Tossed

I’ve mentioned it before, but I’ll mention it again.  Head & shoulder pattern is so unreliable that it’s only useful by the pros to manipulate retail traders. INFN was up 10.4% after hours at 8.05.  Fortunately, this was a story … Continue reading

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Earnings, They Know the Numbers – Not

Often we hear people say, “they” know the numbers because a stock or the market moved a certain way the day before the event.  It’s mostly not the case.   Even if that is indeed the case, there is no … Continue reading

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Use Seasonality to Optimize Timing

While technical analysis may be the only tool many traders use to place trades, seasonality can be used to further increase a traders odds. Source:  http://www.investopedia.com/articles/05/seasonaltrends.asp#axzz1lFpNeb4q Buy in October. Or September if you have bigger appetite.  September is the weakest … Continue reading

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Fib Extensions Based on Yesterday’s Range

So the market had a big green gap this morning, the Fib Extension tool can be used to gauge possible extension points.  Check this out: Look at how at each (23.60, 38.20, 50.00, and 61.80) level the price either peaked … Continue reading

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Bears Are Meant to Suffer

Sellings are events while buyings are a grinding process.  The market spends most of the time going up, due to dynamics of greed and fear, which fuels the law of supply and demand.  To catch the selling events, it’s a … Continue reading

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Head & Shoulder Pattern Should be Removed From the Chart Book

The success rate of head & shoulder patter is laughable. We all remember the head & shoulder pattern discussed on the media back in 2010 in fear of double dip recession.   Well, it never materialize.  As a matter of … Continue reading

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